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Pakistan's head of the Securities and Exchange Commission linked to Sharif arrested

Pakistan's Supreme Court has concluded hearing the Panama Papers case against PM Nawaz Sharif and his family. Photograph: (Reuters)

WION Web Team Pakistan Jul 21, 2017, 11.31 AM (IST)

The chairman of Pakistan's financial regulator was arrested today accused of forging documents in the Panama Papers case against Prime Minister Nawaz Sharif. 

Head of the Securities and Exchange Commission Zafar Hijazi has been accused by investigators of tampering records of a sugar mill owned by the Sharif family. 

Hijazi appeared in court on Friday morning for a bail hearing and was arrested during the proceedings.

Meanwhile, Pakistan's Supreme Court concluded hearing the Panama Papers case against Prime Minister Nawaz Sharif and his family for alleged corruption which has gripped the country.

The three-member bench did not give any date to give its judgement. Justice Saeed observed that the court will not deviate from any law while delivering its judgement. 

"We are conscious of the fundamental rights of petitioners and respondents," the judge said.

The apex court also opened the final part of the 10-volume report submitted by the Joint Investigation Team(JIT) it had set up to probe the allegations of money laundering by Sharif.
 

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